Is it possible a bow and katana hybrid?
If yes , how should I will allocate my stats?

No.

That wouldn't look cool imo. Needs to be something more along the lines of Palutena's Bow from Kid Icarus, so that would be a Twin Sword/Bow hybrid. However, I'm pretty sure there aren't any hybrids. Not of that nature at least. I mean I've seen wands that look like knives, axes that look like hammers, that sort of thing, but no actual hybrids.

Afaik, the only hybrid magatama (not including gargoyle ones) are:
Bloody Festival (axe/ twins)
Fake Staff (staff/sword)
Heroic (odachi/axe)
Hunter's (twins/bow)
Log (spear/wand)
Magic (wand/staff)
Pressure Point (bow/spear)
Ronin (sword/ odachi)

However, keep in mind that hybrids tend to become weak later game.

SupremeTentacle wrote:Ronin and Bloody Festival are also hybrid Maga.

Thought I missed some -.-"

Edit: added missed hybrids

Ronin and Bloody Festival are also hybrid Maga.

Been curious about this myself, but it looks pretty bleak. Especially when there's Daring that says you can have such a setup. Gets a little confusing.

So, for someone respecing for swords, would it be better to go with a Power build? Or stick to Daring and simply redistribute those points?

Sorry if it's a silly question! Thanks ahead of time.

Edit: N/M Handy dandy Tentacle Stat Guide has me covered. XD